Woods Trust
Supreme Court of Pennsylvania
1Opinion of the Court
Opinion by
Me. Justice Patterson,
A deed of trust permits a trustee to borrow or advance money from its own account to provide support for beneficiaries and to maintain the home in which they reside; authorizes repayment of advances made prior to execution of the deed of trust out of proceeds of the sale of trust properties upon final distribution; secures payment of advances by making trustee a party in interest as a creditor against the trust property; and, provides that no powers or duties bestowed upon trustee by said deed of trust shall “take from or limit its right as a creditor.” May the…
2Cases cited1 opinion
- Page v. WilsonSuperior Court of Pennsylvania · 1942
3Cited by15 opinions
- Joseph Datlof v. United StatesCourt of Appeals for the Third Circuit · 1966
- In Re ComerCourt of Appeals for the Third Circuit · 1983
- In Re Lease-A-Fleet, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1991
- Toll-Barkan Co. v. TOLLSuperior Court of Pennsylvania · 1960
- A.J. Rinella & Co. v. Bartlett (In Re Bartlett)United States Bankruptcy Court, D. Massachusetts · 2007
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